RE:RE:RE:CPG(arbage)Bpultra wrote: whodathunkit wrote: jimjones6666666 wrote: Typical these dumf*cks can't manage to even hold on to $8.
Gee, all these years I thought it was investors buying and selling the shares that determined the daily price. I didn't realize it was management.....
I guess the kool aid didn't kill you like everyone thought, it just fried your brain.
Cheers.
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hmmmm ?? yes but its management that do or not do what they do to make investors buy or not buy what they buy... if you are just an investor buying with out following management.. then may as well play the lotto...
So in essence you are confirming what I'm saying. I agree that management, long term, impacts the share price by successfully managing the company but it is not them either which way that determines the day to day price, especially on a no news day. It is retail investors, hedge funds, shorts, MM's etc that decide what they want to buy or sell at. Jonestown was claiming by his/her post that it was management that couldn't keep the price above $8 today. A completely false statement.
And to add to that, anyone who thinks the market is a rational place, and therefore stock prices are fairly priced all the time, shouldn't be investing.
Cheers.